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Question - For the BRB Company, all customers pay in advance for the services they will receive and all amounts are entered in Unearned Revenue. During 2018, $192,250 was received in cash from customers. In the December 31, 2018, financial statements, the firm reported $225,500 in Revenue and $43,700 in Unearned Revenue. What was the beginning balance in Unearned Revenue at January 1, 2018?
a. $76,950
b. $10,450
c. $417,750
d. $33,250
e. $97,850
Sarasota Company traded a used welding machine (cost $11,520, accumulated depreciation $3,840) for office equipment with an estimated fair value of $6,400. Sarasota also paid $3,840 cash in the transaction. Prepare the journal entry to record the e..
if a gain of 8242 is incurred in selling for cash office equipment having a book value of 56658 find the total amount
One of the more important measures in regard to international economics is the balance of payments. Think of it as a national accounting measure that looks.
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terry marks is a well-known architect. he wants to start his own business and convinces rob norris his cousin and a
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cindy cpa completed field work on september 23 2008 and issued the following report to the directors of the cma
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